Investment News 07/2013 (Page 7)

Operating income, which excludes investment gains and losses, was 75 cents in the latest quarter, up from 71 cents. Net premiums written in the property-and-casualty operations increased 8.4% to $1.46 billion. Premiums earned in the property-and ...(Jul 29, 2013, MarketWatch)

No less an investor than the mighty Warren Buffett has proclaimed that the decline of coal in the U.S. will be gradual but inevitable. Given flat demand for electricity, cheap natural gas, burgeoning renewables, rising efficiency, and future carbon ...(Jul 29, 2013, Grist)

Lazy Dog receives investment from Brentwood Associates

The Lazy Dog Restaurant & Bar chain has received a significant investment from private-equity firm Brentwood Associates that will fuel an uptick in growth, the casual-dining chain said Monday. Terms of the investment were not disclosed. Chris Simms ...(Jul 29, 2013, Nation's Restaurant News)

The upshot: Older investors are in a tight spot, according to new research by David Blanchett, the head of retirement research for investment research company Morningstar, Michael Finke, a professor of financial planning at Texas Tech University, and ...(Jul 29, 2013, MarketWatch)

Business group praises Bullock for investment in early education

Dave Curry of Butte, Montana director of America's Edge, said the group was “ill-prepared,” but delighted when Bullock, as part of his State of the State address in January, proposed the investment in early education. “We will offer our support in the ...(Jul 29, 2013, Billings Gazette)

Acetylon Pharmaceuticals, a Boston-based developer of potential cancer therapies, is scheduled to announce today a $100 million investment from drug giant Celgene Corp. that carries the potential of a $1.6 billion buyout down the road. According to the ...(Jul 30, 2013, Boston Business Journal (blog))

Jesse Crain: A big relief investment that paid dividends

Linebrink unwittingly became the best argument against a substantial commitment to a setup man. His four-year, $19 million contract was a mistake the moment pen hit paper, and his contract played out exactly the way you'd expect for a declining 31-year ...(Jul 30, 2013, South Side Sox)

Investment Loss Hurts PartnerRe Q2 Earnings

Operating earnings were calculated after payment of preferred dividends. This also excluded after-tax net realized and unrealized investment loss of $4.07 per share, net foreign exchange loss of 10 cents and loss on redemption of preferred shares of 10 ...(Jul 30, 2013, Zacks.com)

Higher education was never an “investment”

Both of these strategies shifted the financial responsibility for higher education onto students rather than the state. The process of culturally redefining higher education as not a right, or a public good, but an investment, subject to the whims of ...(Jul 30, 2013, Salon)

Making foreign investment work: lessons from Mozambique

There is little doubt that foreign direct investment holds benefits for developing countries. Foreign investors are sources of capital, foreign exchange and technical know-how; they can create jobs, provide goods and services and also procure these ...(Jul 30, 2013, The Guardian)

Obama calls for corporate tax cut, jobs investment

Fox News alert for you the White House is claiming it wants to break the budget gridlock in Washington offering a brand new carrot along with a stick. President Obama set to offer -- deal of sorts to Republicans later this afternoon. Planning to ...(Jul 30, 2013, Fox News)

Getty ImagesThe best thing to happen to the San Jose Sharks: They became the team of Logan Couture and Joe Pavelski, rather than the Thornton/Marleau/Boyle triumvirate. This isn't to disparage what those veterans have meant to the Sharks, or what they ...(Jul 30, 2013, Yahoo! Canada Sports (blog))

Earnings Increase Expected for Fortress Investment Group (FIG)

Wall Street is expecting higher profit for Fortress Investment Group when the company reports its second quarter results on Thursday, August 1, 2013. The consensus estimate is calling for profit of 18 cents a share, a rise from nine cents per share a ...(Jul 30, 2013, Forbes)

ZURICH--UBS AG said Tuesday that its investment bank swung to a profit in the second quarter, as the Swiss lender strives to cut costs and reduce risk while fostering its larger business of private banking for the wealthy. UBS's investment bank ...(Jul 30, 2013, MarketWatch)

Aflac profit rises 84% on investment gains

Aflac Inc.'s (NYSE:AFL) second-quarter earnings rose 84% on the strength of after-tax investment gains. Citing an expected increase in spending in Japan and the U.S., the company lowered its full-year earnings-per-share guidance by 16 cents on the ...(Jul 30, 2013, MarketWatch)

Nexon Takes A Strategic Investment in Rumble Entertainment To Expand West

Nexon's announcement comes just on the heels of another strategic investment it made in Zynga's former chief game designer Brian Reynolds' new startup. Nexon is making these deals to expand into Western audiences, after building up longstanding ...(Jul 30, 2013, TechCrunch)

LEGAL: Watchdog closes down Redlands investment adviser

Thornes & Associates Investment Securities, the Redlands-based investment counseling service accused by a government-supervised watchdog of loaning clients' money to friends, has settled the charges by agreeing to no longer manage investment ...(Jul 30, 2013, Press-Enterprise)

Investment banking is a fast-moving, high-stress, ferociously competitive business that requires specialized knowledge and experience – not to mention commitment, focus, and the physical and mental stamina required to work long hours. Career ...(Jul 31, 2013, Forbes)

Mandalay Sports Media Receives Private Equity Investment Support

LOS ANGELES (July 31, 2013) — Mandalay Sports Media (MSM), the sports content and media company founded in 2012 by Peter Guber and Mike Tollin, announced today that it has received a strategic investment from Columbia Capital and Rho Ventures, ...(Jul 31, 2013, Deadline.com)

Mick Weinstein is the head of editorial at Covestor Ltd., a registered investment adviser that enables clients to replicate the trades of experienced portfolio managers. Previously, Mick was the editor-in-chief at Seeking Alpha and a columnist on Yahoo ...(Jul 31, 2013, MarketWatch)

Serious investment and savvy marketing revive soccer in Kansas City

Serious investment and savvy marketing revive soccer in Kansas City. Published: July 30, 2013. Sporting Kansas City of Major League Soccer has been rebranded and reborn, playing to capacity crowds at its new stadium. There are, of course, no official ...(Jul 31, 2013, NewsOK.com)

Kevin Brady (R., Texas) and Joseph Crowley (D., N.Y.) say they are introducing a bill Wednesday that would alter the Foreign Investment in Real Property Tax Act of 1980, which subjects foreign investors to pay taxes on the profits they earn when ...(Jul 31, 2013, Wall Street Journal (blog))

SEC fines two US investment firms for failure to seek best prices

SEC rules require investment advisers to provide the most beneficial terms available for their clients, including keeping commissions and total costs low for the client. Processing trades through brokerages affiliated with the advising firm presents a ...(Jul 31, 2013, Reuters)